Read this in The Manila Times digital edition.
MONETARY authorities raised key interest rates by 50 basis points (bps) on Thursday after inflation surged to 8.7 percent last month.
Analysts said the Bangko Sentral ng Pilipinas' (BSP) overnight repurchase, deposit and lending rates — now at 6.0 percent, 5.5 percent and 6.5 percent, respectively — could go higher given heightened inflation risks.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.